FY2024 EPS Forecast for Vermilion Energy Reduced by Analyst

Vermilion Energy Inc. (TSE:VET) (NYSE:VET) – Stock analysts at Atb Cap Markets decreased their FY2024 earnings estimates for shares of Vermilion Energy in a research report issued to clients and investors on Thursday, February 13th. Atb Cap Markets analyst A. Arif now forecasts that the company will earn $0.42 per share for the year, down from their previous estimate of $0.45. Atb Cap Markets has a “Hold” rating on the stock. The consensus estimate for Vermilion Energy’s current full-year earnings is $1.40 per share. Atb Cap Markets also issued estimates for Vermilion Energy’s Q4 2024 earnings at $0.62 EPS.

Other equities analysts have also issued reports about the stock. Royal Bank of Canada decreased their target price on shares of Vermilion Energy from C$17.00 to C$16.00 and set a “sector perform” rating on the stock in a report on Monday, December 30th. TD Securities decreased their price objective on shares of Vermilion Energy from C$18.00 to C$17.00 and set a “buy” rating on the stock in a report on Friday, December 20th. ATB Capital decreased their price objective on shares of Vermilion Energy from C$20.00 to C$17.50 and set an “outperform” rating on the stock in a report on Monday, December 30th. Canaccord Genuity Group decreased their price objective on shares of Vermilion Energy from C$20.00 to C$19.00 in a report on Tuesday, October 22nd. Finally, National Bankshares upped their price objective on shares of Vermilion Energy from C$18.00 to C$19.00 and gave the stock an “outperform” rating in a report on Thursday, January 30th. Three equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, Vermilion Energy presently has an average rating of “Moderate Buy” and an average price target of C$17.94.

Vermilion Energy Stock Up 1.0 %

Shares of TSE VET opened at C$12.90 on Monday. Vermilion Energy has a 12-month low of C$11.84 and a 12-month high of C$17.56. The stock has a market cap of C$2.00 billion, a PE ratio of -2.43, a P/E/G ratio of -0.02 and a beta of 2.60. The company has a current ratio of 1.25, a quick ratio of 0.40 and a debt-to-equity ratio of 35.61. The company has a 50-day moving average of C$13.65 and a 200 day moving average of C$13.62.

Insider Buying and Selling

In other news, Director Myron Maurice Stadnyk acquired 5,000 shares of the company’s stock in a transaction on Friday, December 27th. The shares were bought at an average cost of C$12.92 per share, with a total value of C$64,600.00. 0.16% of the stock is owned by insiders.

About Vermilion Energy

Vermilion Energy Inc is an international oil and gas producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion’s revenue has derived from the production and sale of petroleum and natural gas.